Gall Brandon 4

What Happened

• Brandon Gall, Chief Financial Officer of MGP Ingredients (MGPI), disposed of 598 shares on 2026-02-20 as payment of an exercise price or to satisfy a tax liability. The withholding price was $25.93 per share, for a total value of approximately $15,506. This was a tax-withholding (not an open-market sale), a routine corporate action tied to equity awards.

Key Details

• Transaction date and price: 2026-02-20 at $25.93 per share
• Shares involved: 598 shares withheld / disposed; total value ≈ $15,506
• Shares owned after transaction: filing reports beneficial ownership of 31,423 shares of common stock and 20,189 restricted stock units (per footnote)
• Footnote: Indicates the reported totals include 31,423 common shares and 20,189 RSUs (F1)
• Timeliness: No late filing flag was indicated in this report

Context

• Code F transactions generally reflect company withholding to cover taxes or exercise costs related to equity awards (a form of cashless settlement). These withholdings are routine and do not necessarily indicate a decision to sell shares on the open market. For retail investors, such disposals mainly adjust the insider’s outstanding share count and are not typically read as a market sentiment signal.